VOL. XXXIV
NO. 11
17-DECEMBER-1990
Oil Prices
US Energy Secretary Watkins Says Worst of Crisis over; NYMEX Moves toLimit Price Swings
US Secretary of Energy James Watkins returned to Washington on 7 Decemberafter a visit to Saudi Arabia and the UAE (MEES, 10 December) and said that warin the Gulf would not mean a jump in oil prices. "From an energyperspective, I believe we are through the worst of the crisis," Mr. Watkinssaid, adding that he sees no military threat to Middle East oil production...
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